Possible takeover of Hershey: What's the impact? What could prevent a merger?
- Mondelez, the maker of Oreo and Cadbury, is reportedly exploring an offer to buy Hershey Co. To form a large candy-making company.
- Preliminary discussions were first reported by Bloomberg, indicating that Mondelez approached Hershey about a deal.
- Hershey's stocks experienced a 15% peak increase in early trading due to this news.
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Coverage Details
Total News Sources0
Leaning Left4Leaning Right6Center4Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 28%
R 43%
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